Regulator sets new termination rates

The Utilities Regulation and Competition Authority (URCA) has ruled that Bahamas Telecommunication Company’s (BTC’s) Reference Access and Interconnection Offer (RAIO) charges for 2012-2013 shall be set by a benchmarking approach. The ruling covers BTC’s charges for fixed and mobile termination, but notes that the new approach is only an interim measure to be used in the absence of robust costing data: ‘URCA considers it important that BTC does not benefit from a delay in the transition to RAIO charges based on an efficient cost level.’